Procurement Manager hitech hr services
hitech hr services
Office Location
Full Time
Experience: 3 - 3 years required
Pay:
Salary Information not included
Type: Full Time
Location: Uttar Pradesh
Skills: Supplier Management, Contract Negotiation, Relationship management, Contract Management, Performance monitoring, Inventory Management, Cost control, Budget Management, Record Keeping, Compliance, Market Research, Stakeholder management, Risk management, Purchase Order Processing, Procurement Strategies
About Hitech Hr Services
Job Description
As a Procurement Specialist, you will be responsible for various aspects of sourcing, supplier management, procurement operations, and strategic procurement to ensure efficient and cost-effective procurement processes. Your key responsibilities will include: Sourcing and Supplier Management: - Identifying and evaluating suppliers by researching potential options, collecting quotes, and assessing their quality, price, reliability, and delivery times. - Negotiating contracts and pricing to secure favorable terms with suppliers while aiming for the best value for the organization. - Building and maintaining positive supplier relationships to ensure smooth operations and long-term stability in the supply chain. - Managing contract drafting, reviewing, and compliance to meet legal and organizational requirements. - Monitoring supplier performance against agreed-upon metrics and taking corrective actions when necessary. Procurement Operations: - Processing purchase orders and managing them for the procurement of goods and services. - Monitoring stock levels, managing inventory, and ensuring an adequate supply to meet demand. - Identifying cost-saving opportunities through strategic purchasing, bulk orders, or alternative sourcing methods. - Maintaining accurate records of all procurement activities, including purchase requests, quotes, contracts, and invoices. - Ensuring compliance with relevant laws, regulations, and organizational policies in all procurement activities. Strategic Procurement: - Conducting market research and analysis to stay informed about market trends, pricing fluctuations, and new products/services. - Developing and implementing procurement strategies to optimize processes and achieve cost savings. - Collaborating with various departments to align procurement activities with overall business objectives. - Identifying and mitigating risks associated with procurement processes such as supply chain disruptions or quality issues. This is a full-time position with benefits including health insurance and provident fund. The work schedule is during day shifts, and the work location is in person.,